Post by
BSdetector2016 on May 28, 2024 10:09am
News and the stock does nothing
Debt reduction is just a drop in the bucket...
Comment by
BoredDeveloper on May 28, 2024 12:22pm
Yep. $1 billion cash compared to $8 billion debt. It's not going to achieve much, that I can see. I'm out.
Comment by
BearBullBrian on May 28, 2024 6:59pm
The market will move on this when it actually happens. Should be good for about a buck to the upside. BBB
Comment by
darb on May 29, 2024 8:22am
Most of that debt is Utility Financing. The cost of that debt is passed through to the end user. The $1B will be a big assist in retiring non utility debt.